Ameriabank reports AMD 146bn loan portfolio in 2012

Ameriabank reports AMD 146bn loan portfolio in 2012

PanARMENIAN.Net - Ameriabank CJSC ensured AMD 146 billion loan portfolio in 2012, Deputy General Director and CFO of the bank said.

“The growth totaled 7% as compared with 2011 results,” Gevorg Tarumyan told Jan 30 press conference.

The CFO further called attention to the restructuring of Ameriabank’s total loan portfolio, with the bank prioritizing lending to SMEs and physical persons.

As Mr Tarumyan noted, the SMEs lending amounted to about AMD 21 billion, increasing by 12% as compared with 2011. The bank reported 13% growth of volume of lending to physical persons against 2011 results (up to AMD 25 billion).

 Top stories
Since 2010 the EBRD, EIB and EU have contributed a total of €30 million for the improvements carried out in two phases.
NCFA said its participation in this major exhibition aims to promote Armenia’s tourism opportunities at the European markets.
Sixty-five percent of female billionaires are married, 10 percent divorced, 4 percent single and 21 percent widowed.
“A 10% credit portfolio upsurge was registered in the first 7 months of 2014, with the bank planning to bring the figure to $550M,” Sahakyan said.
Partner news